668 Thames St, Newport, RI 02840
FOR SALE

668 Thames St
Newport, RI 02840

Fifth Ward
  • 6 Beds
  • 3 Baths
  • 2,592 sqft
  • 6 Beds
  • 3 Baths
  • 2,592 sqft

$1,800,000

Est. Mortgage $10,981/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Welcome to a unique investment opportunity at 668 Thames Street, nestled in the heart of historic Newport, Rhode Island. This multifaceted property offers a blend of charming residential units and superb location, making it an ideal choice for investors, developers, or those seeking a second home with income potential. 668 Thames Street is divided into three units, each offering 2 cozy bedrooms and 1 full bath. The top floor boasts an approved 2-bedroom Airbnb, perfect for tapping into Newport's bustling tourism market. The first-floor unit commands an impressive $3,200 monthly lease, while the second-floor unit is available on a month-to-month basis. Step beyond the main accommodations to discover a detached 4-car garage, thoughtfully partitioned for individual use—adding value and convenience for tenants or personal storage.You are within walking distance to an array of downtown amenities. Indulge in local restaurants, lush parks, prestigious yacht clubs, and marinas—all contributing to the allure of this prime real estate offering. Don't miss out on this versatile property that promises a blend of steady income and delightful living.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$694
Listed
43 days ago

Home Details for 668 Thames St

Interior Features

Interior Details
Basement: Full,Unfinished,Bulkhead,Storage Space,UtilityNumber of Rooms: 12Types of Rooms: Bathroom
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2592 Square Feet
Appliances & Utilities
Utilities: Sewer Connected, Water ConnectedAppliances: Dishwasher, Dryer, Microwave, Oven/Range, Washer, Gas Water HeaterDishwasherDryerMicrowaveWasher
Heating & Cooling
Heating: Natural Gas,Forced WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: NoneNo Fireplace
Gas & Electric
Electric: 100 Amp Service
Windows, Doors, Floors & Walls
Window: Skylight(s)Flooring: Ceramic Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 3Levels: Levels(3)Floors: Ceramic Tile, Hardwood
View
No View

Exterior Features

Exterior Home Features
Foundation: StoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageParking Spaces: 5Parking: Detached
Frontage
Waterfront: Walk to Salt WaterNot on Waterfront
Water & Sewer
Sewer: Municipal

Days on Market

Days on Market: 43

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Up/DownArchitecture: Up/Down
Building
Construction Materials: Vinyl Siding, Dry Wall, Plaster, Copper, Mixed Plumbing, PVC, Insulation (Walls)Not a New Construction

Price & Status

Price
List Price: $1,800,000Price Per Sqft: $694
Status Change & Dates
Possession Timing: Negotiable

Active Status

MLS Status: Active

Location

Direction & Address
City: Newport

Agent Information

Listing Agent
Listing ID: 1354752

Community

Not Senior Community

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 2575 sqft

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 1354752
Last check for updates: about 17 hours ago
Listing courtesy of Wm. Parker Sizeland, (401) 862-7428
RE/MAX Profnl. Newport, Inc.
William Sizeland, (401) 862-0784
RE/MAX Profnl. Newport, Inc.
Source: StateWide MLS RI, MLS#1354752

Price History for 668 Thames St

DatePriceEventSource
03/15/2024$1,800,000Listed For SaleStateWide MLS RI #1354752
02/21/2023$1,505,000Sold
StateWide MLS RI #1327462
01/19/2023$1,950,000PendingRE/MAX International #1327464
01/19/2023$1,500,000ContingentStateWide MLS RI #1327462
01/04/2023$1,950,000PriceChange
RE/MAX International #1327464
01/03/2023$1,500,000Listed For SaleStateWide MLS RI #1327462
03/31/2015$465,000Sold
StateWide MLS RI #1086598
02/20/2015$499,000PriceChange
Agent Provided
02/05/2015$549,000PriceChange
Agent Provided
01/16/2015$599,000Listed For SaleAgent Provided

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Comparable Sales for 668 Thames St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.53
Multi-Family Home
$1,250,000
07/05/23
4
3
1,848
0.71
Multi-Family Home
$1,350,000
09/28/23
5
3
2,437
0.21
Multi-Family Home
$740,000
06/09/23
4
2
1,386
0.68
Multi-Family Home
$1,170,000
09/29/23
4
3
2,250
0.31
Multi-Family Home
$1,000,000
04/12/24
4
2
1,272
0.36
Multi-Family Home
$1,000,000
09/25/23
4
2
1,758
0.41
Multi-Family Home
$1,774,500
10/06/23
6
6
3,432
0.73
Multi-Family Home
$1,700,000
12/15/23
5
5
4,510

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fifth Ward

  • Trulia User
    "No community events per se, but outdoor concerts in the summer. People help each other out in a neighborly way and look out for each other"
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  • Trulia User
    "There is not much public transportation in this neighborhood. Generally, people use private automobiles to make their commutes. "
    1
    Flag
  • Veronique G.
    "It’s close to downtown and restaurants yet far enough away from downtown to not always hear noise..it’s also close to little parks for our dogs to walk and also close to Kong’s Park beach..."
    4
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  • Melissa R.
    "There is a good Hospital. Beautiful Beaches &a wonderful town. the scenery & people are brilliant. Delicious food. Many choices of restaurants, Shopping & areas to visit. Naval Museum is always a good place to see. The view of the Harbor is breathtaking. "
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  • Mary C.
    "The neighborhood is friendly and clean. Walking distance to downtown Newport restaurants, bars and entertainment. "
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  • Bj D.
    "There are several parks and access to harbor to walk your dog too. There are several dog stations so if your pet has to go and you are missing a bag, you’re covered!"
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  • Bj D.
    "Fifth Ward is the best for Halloween and others area drive in for it. In the summer there is a weekly music in Wellington Park. Kids that baseball, can do so right on the harbor at Hogan Field."
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  • Paxmonde88
    "Everyone is super friendly. Proximity to town is great and it’s close to the beautiful harbor. King Park is fabulous too."
    5
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  • Paxmonde88
    "I moved here 6 months ago and its’ proximity to the beautiful harbor as well as wonderful dining / shopping (while still being super quiet) is fabulous - all within walking distance. Also, neighbors are very friendly! Lots of dogs too. Excellent neighborhood for walking & biking!"
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  • V.
    "It’s a 30 minute walk to work, but I could take a local trolley if I wanted. I could also ride my bike on inclement weather days."
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  • Veronica R.
    "There is a beautiful playground, Morton Park, a few blocks from where I live. There is another park, King Park, with a small beach and a playground as well..."
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  • S T.
    "Newport is historic and simply beautiful, is you love sailing, amazing views, great food, wonderful to just walk around, and peaceful. Its my zen place."
    3
    Flag
  • Kristen K.
    "I love the safe, family friendly, close niche environment. I've lived in newpprt for 15 years........... "
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  • Laurie L.
    "Quiet neighborhood walking distance to harbor. "
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  • Annie B.
    "Across the street from King Park and Newport Harbor. Some of the best views in town with an active harbor to watch during the 4 seasons. Great park for walking, playground, concerts. Just a few blocks to Thames St and all the shops, restaurants and entertainment year round."
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LGBTQ Local Legal Protections

Wm. Parker Sizeland, RE/MAX Profnl. Newport, Inc.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
668 Thames St, Newport, RI 02840 is a 6 bedroom, 3 bathroom, 2,592 sqft multi-family built in 1900. 668 Thames St is located in Fifth Ward, Newport. This property is currently available for sale and was listed by StateWide MLS RI on Mar 15, 2024. The MLS # for this home is MLS# 1354752.